HSBC set a €11.75 ($13.66) price objective on Leoni (ETR:LEO) in a research report released on Wednesday, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.

A number of other brokerages have also commented on LEO. Nord/LB set a €17.00 ($19.77) price objective on shares of Leoni and gave the company a neutral rating in a research report on Wednesday, May 15th. Hauck & Aufhaeuser set a €4.00 ($4.65) price objective on shares of Leoni and gave the company a sell rating in a research report on Thursday, August 15th. Independent Research set a €8.00 ($9.30) price objective on shares of Leoni and gave the company a sell rating in a research report on Monday, August 19th. Oddo Bhf set a €9.00 ($10.47) price objective on shares of Leoni and gave the company a sell rating in a research report on Tuesday, July 30th. Finally, JPMorgan Chase & Co. set a €12.00 ($13.95) price objective on shares of Leoni and gave the company a sell rating in a research report on Wednesday, August 14th. Six analysts have rated the stock with a sell rating, five have assigned a hold rating and two have given a buy rating to the stock. The stock has an average rating of Hold and a consensus price target of €15.98 ($18.58).

Shares of LEO opened at €9.43 ($10.97) on Wednesday. The company has a 50-day simple moving average of €11.75 and a 200-day simple moving average of €16.91. The firm has a market capitalization of $308.20 million and a P/E ratio of -1.66. The company has a debt-to-equity ratio of 148.10, a quick ratio of 0.49 and a current ratio of 0.90. Leoni has a 52 week low of €8.08 ($9.39) and a 52 week high of €38.55 ($44.83).

About Leoni

LEONI AG, together with its subsidiaries, provides products, solutions, and services for energy and data management in the automotive sector and other industries worldwide. It operates in two divisions, Wiring Systems, and Wire & Cable Solutions. The Wiring Systems division provides complete wiring systems and customized cable harnesses for the motor vehicle industry.

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Analyst Recommendations for Leoni (ETR:LEO)

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